Dell Technologies (DELL) Gross Margin (2015 - 2026)
Dell Technologies (DELL) recorded Gross Margin of 20.93% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 2.63 percentage points from 18.29% a year earlier and up 3.18 percentage points from the prior quarter.
Dell Technologies (DELL) Gross Margin (2015 - 2026) Analysis & Trends
On a TTM basis, Dell Technologies' Gross Margin came in at 19.80% as of Jul 31, 2026, down 1.32 percentage points year-over-year; for FY2026 (ended Jan 30, 2026), it came in at 20.00%, down 2.24 percentage points from FY2025.
- Annual Gross Margin has a five-year change of -3.24 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Gross Margin came in at 22.24% in FY2025 (-1.59 pp), 23.83% in FY2024 (+1.65 pp), 22.18% in FY2023 (+0.54 pp) and 21.63% in FY2022 (-1.61 pp).
- The fiscal Q2 2027 figure is the highest quarterly Gross Margin since fiscal Q1 2026.
- On a year-over-year basis, Gross Margin rose in 1 of the last eight quarters, with an average year-over-year change of -1.39 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 3.03 percentage points in fiscal Q2 2024, against a drop of 3.56 percentage points in fiscal Q4 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 17.75% (Q1 2027), 20.16% (Q4 2026) and 20.71% (Q3 2026).
Peer Comparison
Dell Technologies Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=DELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "DELL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();